Republika Hrvatska Exchange Rate

How much is 100,000 Republika Hrvatska to US Dollar? Do you know Republika Hrvatska Exchange Rate? People always email me asking about the stories that I posted long time ago, you can read about it here; Republic of Croatia or Republika Hrvatska banknote. I also saw this note on sale by some Malaysia banknote dealers for a high price (around 45 ringgit a piece for 100,000 dinar) and the dealer said it is a good value if you're looking at the Croatia exchange rate today. Just beware, that guy is not telling you the truth. You cannot exchange this note with money changer since its already been recall long time ago. You cannot exchange this notes with any money changer.

The notes is Republic of Croatia or Republika Hrvatska 1991-1993 issue banknote. In 1991, notes were introduced in denominations of 1, 5, 10, 25, 100, 500 and 1000 dinara, with 2000, 5000 and 10,000 dinara notes added in 1992 and 50,000 and 100,000 dinara in 1993. The obverse of all banknotes was the same, with a picture of Ragusan scientist Ruđer Bošković. Notes up to 1000 dinara had Zagreb cathedral on reverse. The higher denominations featured the Ivan Meštrović sculpture History of the Croats on the reverse.

During its existence the dinar declined in value by a factor of about 70. The dinar was replaced by the kuna at a rate of 1 kuna = 1000 dinara. That mean if you get 100,000 dinar:

100,000/70=1,428.
1,428= 1 dinar 43 Lipa.
1 dinar 43 Lipa=25 cents US dollar. (1 dollar = 5.59 Croatia Kuna).

Again I want to remind everyone, this banknote has been demonetized since 1995 and no more legal tender.

-------------------------------------------------------------------------------- 

Join (Like) my fan page on Facebook at http://www.facebook.com/malaysiacoin and feel free to leave a suggestion, request or ask a question about the blog there. And get the latest news about my blogs on the Facebook fan page. Remember to become a fan on Facebook now! 

--------------------------------------------------------------------------------

Read More

Top 5 counterfeits stories

Counterfeit is a crime but they're not so many successful and famous counterfeiters out there. Some of the counterfeit coins have a high value and sought by collectors worldwide. They're also counterfeits item that been offered to public as a genuine because the items itself promise a false high return of investment. Many Non-collectors don't have the knowledge that counterfeit banknotes and coins do exist. They will only realize receiving the fake notes or coins when their bank or friends told them it is fake. At that moment, you maybe already loss a RM50 or RM100 value because you don't bother to learn how to check for counterfeit banknotes. They're many counterfeits stories that I share in this blog but today I want to share, "Top counterfeits stories". I am sharing these stories so everyone can understand how counterfeit work.

Lunaticg Blogspot Top 5 Counterfeits Stories:

5. 1934 $100,000 Dollars scam

A reader asked me via email about a $100,000 US Bond. Asking me if his notes is genuine or fake. He maybe had been reading about the story of the $100,000 US 1934 Gold Certificate in my blog. He said he bought this notes from a collector friend. He also enclosed his $100,000 dollars notes that you can see below. I am 100% sure that this notes is a fake. The 1934 $100,000 Dollars scam has been around since 2006 with many buyer bought it from Philippines and Indonesia. Read More.

4. Counterfeit toonies, do they exist?

Photo by Coincommunity.com: original and fake toonies

A reader asked me how to check for counterfeit or fake toonies? She have some toonies with the center pop out from the coins. Is that fake or original and how to check? For information, many toonies in the first shipment of the coins were defective. It could separate if struck hard or frozen, as the centre piece would shrink more than the outside. This problem was quickly corrected by the Royal Canadian Mint. Toonie popping is a normal thing in a few month of its introduction. Some people are selling this as a mint defect and gaining profit from it. This Month, Canada Finance Minister, Jim Flaherty had announced that Loonie and Toonie would be change to steel in 2011. He didn't mention if the $2 coin will continue to be ringed and bimetal. The changes are definite, only the design have not been announced yet. Read More.

3. Sa-puloh ringgit Watermark Agong

Every month I received at least 20 calls, sms or e-mail asking me if I have Malaysia old sepuluh ringgit banknote with Yang Dipertuan Agong Watermark. I will receive that each time I posted an ads a Sa-puloh ringgit banknote on sale in Mudah.com.my.Almost everyone who contact me will give me the same question, "What is the watermark of your banknote?", "I want sa-puloh watermark agong" etc. Even if my ads already stated the notes watermark is tiger. Read More.

2. £20 German Elvis Banknote

A news about £20 German Elvis Banknote fooled a German bank clerk. Some people might believe, bank notes with Elvis Presley on them are not legal tender. So when one ended up in the banking system in Germany the German Central Bank was not best pleased. This is the £20 Elvis banknote which a counter clerk in a German bank failed to spot when a customer paid money into their account with a pile of multi-denominational notes. Read More.

1. How to make counterfeit 100 dollars

I am looking for a video about how to make counterfeit money in youtube. What I found is a shocking story how easy it is to make a counterfeit 100 US Dollar bill. The video exactly is a NBC TV programs-Vegas Undercover with Chris Hansen. The suspect in this July 2009 video is 39 years old, Bryan "Rusty" King. This video show how easy it is to make a fake currency. This counterfeiting money exactly work because most people don't check their money once they receive it. With a difference watermark, it is easy to spot this fake notes by Rusty but most people will not check for it. The paper is the same as the original notes, only the print have some mistake. Adding up with a high tech inkjet printer that can be easily found nowadays, printing your own fake money is not that hard. Read More.

Read More

100 dollars watermelon note for auction

100 dollars watermelon note for auction in Long Beach by Heritage Auction. The February Long Beach Heritage Signature Auction will include a special fifty lot Signature Currency Auction. One of the banknote being offered in the auction is the $100 Watermelon Note. The name "Watermelon note" came from  the number 100 on the back of the $100 1890 Treasury notes and the number 1000 on the back of the $1000 (World most expensive banknote) were designed resembles the outside rind of a watermelon. This rare and wonderful Watermelon note will cross the auction block on 3 February 2012 and carries an estimate of $150,000 and up.

The portrait on the face of the $100 is that of Andrew Farragut (1801-70), who famously was reported to have stated "Damn the torpedoes! Full speed ahead!" during the Civil War when the Union ships under his command sealed off Mobile Bay and thus cut off the Confederate blockade running that was taking place. Prior to that, he led the forces that captured New Orleans. He was only nine years old when he entered the navy and served in the War of 1812. Farragut was the first person to hold the rank of admiral in the United States Navy.

A mere 120,000 of the $100 1890 Treasury Notes were printed. With only about three dozen surviving examples of this denomination, and a quarter of that number held in institutional collections, very few are available to meet collector demand, as evidenced by the fact that this is the only example that has been offered at auction since 2008. The note retains original surfaces, and the few pinholes that are observed have not been restored, a refreshing departure for these types of notes that have often been invasively rebuilt over the years.

Source: Heritage Auction (currency.ha.com)

Read More

BNM please hear our voices

Bank Negara Malaysia-BNM please hear our voices. We are doing online petition for BNM online shop and here are some of the comment send by collectors who voice out their opinion in that matter. Eventhough we only get 37 people signed the petition after 49 days, at least we voiced our opinion.Thank you to everyone who support the petition. If you don't know what I am talking about, you can read my last year post here; We want BNM online shop petition. I compile all collectors comments in the petition into this post. Today, the petition is officially closed.

Comment by my fellow Collectors:

ZULKIFELI ISMAIL (Depankanta.Blogspot.Com) on 2011-12-09 1:05 am:

Comments: BNM selangkah ke depan dengan tersegamnya Sasana Kijang tapi selangkah kebelakang dalam hal menguruskan jualan produk yg dikeluarkan untuk dijual kepada orang ramai.Cadangan lunaticg ini adalah penyelesaian terbaik..

Sharulazman on 2011-12-09 2:54 am:

Comments: We want Bank Negara Malaysia (BNM) to make an online shop for their future commemorative coins since not anyone can go to BNM coin release day.

HUGO RODOLFO DE OLIVEIRA BARBOZA on 2011-12-09 12:20 pm:
Comments: I HOPE SO

Yong on 2011-12-10 9:22 am:

Comments: Yes, we really wanted BNM to upon up online shorp. This will definitely benefits most of the coin collectors.

Dickson Niew on 2011-12-10 16:48 pm:

Comments: Travel all the way to BNM on the third day of a new issue but no promise of getting a set!

Aaron Ang on 2011-12-11 3:30 am:

Comments: Fully support this petition, there are too few BNM branches, its not always possible to travel far and wide. Esp school going kids, the hobby is inaccessible to them.

Jonathan Kraal on 2011-12-11 8:31 am:

Comments: i went to sasana on monday and they said there were no more wwf coins i was dissapointed.

Nur Hussein Mohd Daud on 2011-12-12 7:03 am:
Comments: We don't have BNM in the northern state, the closest is in Penang

Anonymous on 2011-12-12 7:38 am:

Comments: Yea, let's be more like Australia's Perth Mint website. Very informative and easy to buy. Cheers

Muhammad Arif Juwaini on 2011-12-12 9:05 am:

Comments: Good idea. When I go to Bank Negara, most of the times the coins already finish.

LIM SHEN CHYUAN on 2011-12-12 13:49 pm:
Comments: I want online shop and buy banknotes and coins!!!

YAZID BIN YAAKOP on 2011-12-12 14:06 pm:
Comments: I LIKE COLLECT COIN, MONEY AND STAMP

Sheikh on 2011-12-23 2:49 am:
Comments: saya setuju dgn idea lunaticg.

Shahrul Zharif on 2011-12-23 2:56 am:

Comments: BNM should sell their commemorative coins and banknotes through online. Nobody can go there on a working day. People have to work! US, Australia, Canada mint have been selling their coins and notes online for years.. and we called our self a developed nation. Come on BNM! this hobby is for all.. not only for retiress who had nothing better to do than queing outside your office whole day.

Anonymous on 2011-12-23 4:01 am:

Comments: pls have the online shop because its easy for us to buy the commemorative issues and others..

Sadzalee StarParc on 2012-01-13 14:57 pm:
Comments: *two thumbs up*

Dr Marik Singh on 2012-01-18 16:40 pm:

Comments: Follow pos malaysia. Every one will be able to have a fair chance of obtaining the bank notes and coins.

Navin Pachiappan on 2012-01-19 0:37 am:

Comments: It will be great if online shopping is establised. It will be easier for collectors like us and also profitable for BNM. Please consider this option as other countries like UK have such system in place.

DAUD on 2012-01-19 3:28 am:
Comments: A very good idea.

Anonymous on 2012-01-19 20:25 pm:

Comments: I am a newbie coin collector from India. I am very much fascinated with the coins of Malaysia. I wish I could buy the coins online.

Read More

Coin collecting a very expensive hobby?

I suppose to write about the BNM Online shop petition today but a comment by my fellow blogger, get my attention; "coin collecting a very expensive hobby?" In my opinion, it depends on what you collect. Sometime, you don't need to waste a single cent from your pocket, just keep that 1 sen in a safe place and wait for 40 years. As you can see in this picture, you can easily sell this coin for RM50 now. In 1968, this coin maybe worth RM1 for collector. At that time, you maybe think all this collectors are crazy buying this 1 sen denomination coin at a very high price. You will not think like that today, would you?

You can also start teaching your kids to collect coins for a very small budget, let say RM50 a month. Collecting coins doesn't means you need to buy what other collectors are buying. Try looking at the world circulation coins that you can get with that RM50. Maybe you can start with a one cent/penny coins. You can still get those coins for RM1-RM5 a piece. You can bring your kids hunting for coins in the weekends. If you don't know where you can find a coins in Malaysia, you can read this; where to find coins in Malaysia. Make sure you already bought coin holder and coin album for your kids. For other kids project, you can read my old posts about them here:

United States 50 states quarter dollars
UK One Pound coin
Different shape coins
Bi-Metallic coins
Faces on coins

Coin collecting will be expensive if you start to collect rare and error coins but you still can collect them if you get a proper knowledge about error and rare Malaysia coins. For more knowledge about Malaysia error and rare coins, you can go to sifu Dickson blog; Niewmismatic error coins. He is one of Malaysia error coins expert and already wrote over 100 articles about Malaysia error coins. Study what he wrote in his blog and start looking at any Malaysia coins that you can find. Some rare error coins can go up to hundreds ringgit and it don't cost you anything. You maybe have error and rare Malaysia coins right now without realizing it.

You can also collecting coins according to their years, it will only cost you face value of the coins. Just make sure, they're some years Bank Negara Malaysia (BNM) don't produce or mint coins. You can find out more about Malaysia coins issue at; No issue Malaysia coins. Just look for the best looking coins you can find and put it in coin album. You maybe need to buy coin holder and coin album to make sure your coins keep on shining in the future.

They're many way you can start collecting but most non collector will not realize that. Whatever coins you want to collect, it will be a rewarding hobby. You just need to be patient and take care your coins. You don't need to clean them to make it shiny and beautiful. For my non collector friends out there, will you still consider coin collecting as an expensive hobby?

Read More